Life Insurance

LIC’s Jeevan Sugam

By on • ( Leave a comment )

JeevanSugam1

Bank Fixed Deposit versus Jeevan Sugam

For 30 year old person for 1o year term.

Bank FD

Jeevan Sugam
Risk Cover

o

3,37,590
Interest Rate

9.00%

8.76%
Effective Investment

29022

29022
Tax Saved 80CCE

8968

10432
Net Invested

20054

18590
Maturity Amount

68706

67200
Tax on Interest

12262

0
Net in Hand

56444

67200
Effective Yield

10.90%

13.71%

Categories: Life Insurance

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